All Marginally Attached Workers for Mississippi
ALLMARGATMS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,500.00
Year-over-Year Change
-38.31%
Date Range
10/1/2003 - 7/1/2024
Summary
The 'All Marginally Attached Workers for Mississippi' metric tracks the number of people in Mississippi who are marginally attached to the labor force, meaning they are available for work and have looked for a job in the recent past but are not currently employed.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This metric provides insight into the health and utilization of the Mississippi labor market, as marginally attached workers represent a pool of potential workers who could be activated given the right economic conditions. Economists and policymakers use this data to understand broader employment trends and labor market dynamics.
Methodology
The data is collected through the U.S. Current Population Survey, a monthly household survey.
Historical Context
Monitoring this trend can inform economic and workforce development policies in Mississippi.
Key Facts
- Mississippi's marginally attached worker count reached a high of 44,000 in 2020.
- The marginally attached worker rate in Mississippi is typically higher than the national average.
- Marginally attached workers are not included in the official unemployment rate.
FAQs
Q: What does this economic trend measure?
A: The 'All Marginally Attached Workers for Mississippi' metric tracks the number of people in Mississippi who are marginally attached to the labor force, meaning they are available for work and have looked for a job in the recent past but are not currently employed.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and utilization of the Mississippi labor market, as marginally attached workers represent a pool of potential workers who could be activated given the right economic conditions. Economists and policymakers use this data to understand broader employment trends and labor market dynamics.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Current Population Survey, a monthly household survey.
Q: How is this trend used in economic policy?
A: Monitoring this trend can inform economic and workforce development policies in Mississippi.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and potential limitations of the Current Population Survey.
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Citation
U.S. Federal Reserve, All Marginally Attached Workers for Mississippi (ALLMARGATMS), retrieved from FRED.